Statewide Subrogation Services, L.L.C. is solely dedicated to recovering loss funds owed to our clients. We handle all recovery files on an agreed commission based on successful recoveries only. We strive to exclude litigation involvement or any additional expenses to our clients. We research at-fault carriers on your behalf when unknown at no additional cost. We provide weekly statistic reports including a recovery-effectiveness rating for each file generated by our specialized algorithm.
Adjusting claims is a full-time, multitask operation. After a claim is completed, the subrogation process seems simple in theory. But in fact, it's not that simple and is time consuming. Time is against the adjusters. Active claims involve complex investigations, multiple phone calls, emails, settlements, etc. on a daily basis. Subrogation is the only process that allows adjusters to neglect in order to satisfy the active claims process. This is where Statewide Subrogation Services comes in to bring balance!
Approximately 25% of all claims have subrogation potential. The industry average of recoveries submitted is only 11.5%. You should be asking why is there 88.5% unsuccessful recoveries and what is this doing to your loss ratio. With no additional expense to you, our dedicated team is here to decrease your loss ratio. We will make a financial difference for your company.
The industry average for recoveries on subrogation is 200 days. With our process and knowledge, we can reduce the on average recovery time to 60 days. Our adjusters commission program is designed and proven to increase productivity and overall recoveries.
Our training, strategies and techniques go above and beyond to provide a higher recovery success rate to exceed our client’s satisfaction. Our specialized and license recovery adjusters work with the at-fault insurer to assist and expedite the subrogation process. Our program is specially designed to increase productivity and recoveries.
We provide complimentary training facilitated by our industry expert leadership team to our client's on how to properly identify and investigate key elements to a successful subrogation process.
Statewide Subrogation Services, L.L.C. will provide a personalized encrypted direct web link for all your subrogation request. Submission links can support multiple lines of business or specific divisions as needed. Weekly reporting is standard on all subrogation claims to keep your adjusters updated effortlessly which will result in higher claim productivity on active claims.
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